Economics
Trade, fiscal policy, banking, agriculture and economic indicators
West Bengal joins Ayushman Bharat scheme
West Bengal has officially joined the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), becoming the 36th state or Union Territory to implement t...
Phase 1 of India-US trade pact hinges on Section 301 probe, official says
An Indian official confirmed that Phase 1 of the India-US trade agreement cannot be finalised until the USTR concludes its ongoing Section 301 investigations...
Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4
The government has reduced the number of subsidised LPG cylinders (14.2 kg each) available annually to Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries fro...
Asia’s longest tunnel project at Zojila set to achieve breakthrough on Tuesday
On June 9, 2026, the Zojila Tunnel project achieved its breakthrough — the completion of full excavation through 13.15 km of rock, a critical engineering mil...
Why RBI is returning to a ‘terrible’ idea to boost foreign inflows
The Reserve Bank of India announced a revival of the Foreign Currency Non-Resident (Bank) — FCNR(B) — deposit swap scheme, under which the RBI will bear the ...
India, US can finalise interim trade pact only after Section 301 investigations concluded, say officials
Finalisation of the India-US interim trade pact has been linked to the conclusion of ongoing Section 301 investigations being conducted by the US Trade Repre...
BRICS meeting in Indore to focus on food security, farmer welfare: Chouhan
Indore is hosting the BRICS Agriculture Working Group Meeting (June 9–11, 2026) followed by the BRICS Agriculture Ministers' Meeting (June 12–13, 2026) under...
India, MERCOSUR target expanded preferential trade pact by mid-2027
India and MERCOSUR (the South American trade bloc comprising Brazil, Argentina, Paraguay, Uruguay, and Bolivia) are targeting the conclusion of an expanded P...
How the government hit its FY26 deficit target despite a subsidy surge
India successfully met its FY26 (2025-26) fiscal deficit target of 4.4% of GDP (Rs 15.7 lakh crore), despite a significant surge in subsidy expenditure durin...
India posts 0.7% current account surplus in March quarter
India recorded a current account surplus of $7.1 billion (0.7% of GDP) in Q4 FY26 (January–March 2026), reversing the $13.2 billion deficit in the preceding ...
India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittances
India recorded a current account surplus of USD 7.1 billion (0.7% of GDP) in Q4 FY26 (January–March 2026), a significant turnaround from a deficit position i...
Rural India’s energy crisis: Why dung cakes still fuel kitchens in Uttar Pradesh villages
Despite over 10.33 crore LPG connections distributed under the Pradhan Mantri Ujjwala Yojana (PMUY) as of July 2025, rural households in Uttar Pradesh contin...
India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittances
India recorded a current account surplus of USD 7.1 billion (0.7% of GDP) in Q4 FY26 (January–March 2026), driven by strong services exports and a sharp rise...
Indians are growing more pessimistic about the economy. RBI Survey shows why
The Reserve Bank of India's bi-monthly Consumer Confidence Survey (CCS), conducted during May 2–11, 2026, covering 6,086 respondents across 19 major cities, ...
BHAVYA scheme to help attract huge investments, create jobs: Piyush Goyal
The Union Cabinet approved the Bharat Audyogik Vikas Yojana (BHAVYA) scheme with an outlay of ₹33,660 crore to develop 100 plug-and-play industrial parks acr...
100 days of Iran war: India must brace for broad-based economic shock
As the Iran-Israel-US conflict entered its 100th day (beginning from the US launch of Operation Epic Fury on February 28, 2026), India faces compounding econ...
India inflation likely rose to 4% in May as food, fuel costs climb
India's Consumer Price Index (CPI)-based inflation is estimated to have risen to approximately 4% in May 2026, reaching the RBI's medium-term target for the ...
RBI seen joining Asia’s rate-hike push as inflation risks rise
The Reserve Bank of India faces growing pressure to join a regional rate-hike cycle as inflation risks rise across Asia, driven primarily by surging energy p...
India, US trade pact can be finalised after conclusion of Sec 301 investigations: Official
The broader India-US Bilateral Trade Agreement (BTA) cannot be finalised until the US Trade Representative (USTR) concludes its ongoing Section 301 investiga...
India must not let US Section 301 threats push it into a lopsided trade deal: Experts
Trade experts have cautioned against India accepting an interim bilateral trade agreement with the United States that may be weighted heavily in Washington's...